Business Standard

GST: First day sees traders react with nationwide protests, downed shutters

Several industries, MSMEs downed shutters in Tamil Nadu to protest the GST

Kashmiri traders protest GST
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Kashmiri traders and transporters stage a sit-in protest against the implementation of the GST in Srinagar on Saturday. Photo:PTI

T E NarasimhanVinay UmarjiSohini DasAvishek Rakshit Chennai/Ahmedabad/Kolkata
The goods and services tax (GST), at the break of dawn on Saturday, ran up against strikes, protests, and apprehensions across the country, reminiscent of the manner in which the value-added tax received resistance more than 10 years ago.

Tamil Nadu: Fear of imports revives
 
Several industries, mainly micro, small and medium enterprises (MSMEs) — from movie theatres, multiplexes, units making firecrackers and matchboxes, and weaving and knitting factories — downed shutters in Tamil Nadu to protest the GST. 
 
Movie theatres in Tamil Nadu will remain shut from Monday to protest the lack of clarity on the tax that would

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